3min chapter

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#1223 Jeff Weniger On State Of The 2023 Macro Economy

The Pomp Podcast

CHAPTER

The Bank Walk: The Unintended Consequences

"We're going to have an issue here where a lot of this money is going to shift and the money more," he says. "It just feels like across the United States, there's this great freeze that has occurred" The rate definitely created friction in an economy; if you think low rates, tons of liquidity, lots of gracing of transactions, people are doing all kinds of crazy stuff.

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